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votes
1
answer
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How to read CDs: price vs yield vs bid vs ask?
I'm trying to understand CDs by comparing the two:
NAME
CLOSING PRICE
CLOSING YIELD
CURRENT BID YIELD
CURRENT BID PRICE
CURRENT ASK YIELD
CURRENT ASK PRICE
Mountain Commerce Bank
99.68
5.694%
99....
3
votes
1
answer
174
views
Ask & Bid yield calculation problem
Does anyone know how the ask and bid yields are calculated on this corporate bond?
I tried to use BEY calculation but I keep arriving at different answers.
Does anyone know what the $500K means?
If ...